Distributed Denial of Service (DDoS) attacks are designed to knock websites, applications, services and businesses offline. They are the modern day equivalent of besieging premises with a mob intent on allowing nobody in or out. While some may think that they are just an inconvenience they are now a major tool in the cyber criminals arsenal. It is not just the criminal fraternity using them. Hacktivists and even competitors are using them to cause significant damage to companies.
China Huaxin Post & Telecommunication Economy Development Center formally announced that the company has completed the acquisition of Alcatel-Lucent Enterprise, a subsidiary of Alcatel-Lucent. China Huaxin and Alcatel-Lucent have jointly established a controlling company, which will be responsible for the global operation of Alcatel-Lucent’s enterprise business. China Huaxin holds a 85% stake in the joint venture, while Alcatel-Lucent owns the remaining 15% stake.